Global technology stocks are starting to look good value as a result of the global slowdown, accor...
Global technology stocks are starting to look good value as a result of the global slowdown, according to Hugh Priestley, chief investment officer at Rathbones. Priestley is upping his weightings in the global technology sector, believing prices are rapidly bottoming out, providing a good buying opportunity. Priestley says: "Over the past six months we have been reducing our exposure to tech, media and telecoms but over the past fortnight or so, we have been heading back to stocks in that area. We are getting near the bottom in some of these stocks." Equity analysts are behind the ...
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